Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Lyell Immunopharma Inc (NASDAQ: LYEL) closed at $0.58 in the last session, down -0.98% from day before closing price of $0.59. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.87 million shares were traded. LYEL stock price reached its highest trading level at $0.6148 during the session, while it also had its lowest trading level at $0.5717.
Ratios:
We take a closer look at LYEL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 13.43 and its Current Ratio is at 13.43. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on October 30, 2024, Downgraded its rating to Underperform and sets its target price to $1 from $6 previously.
On June 27, 2024, H.C. Wainwright Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $6 to $1.
JP Morgan Downgraded its Overweight to Neutral on August 28, 2023, whereas the target price for the stock was revised from $15 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LYEL now has a Market Capitalization of 170768688 and an Enterprise Value of -218767552. For the stock, the TTM Price-to-Sale (P/S) ratio is 2846.09 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at -3472.501 whereas that against EBITDA is 1.113.
Stock Price History:
The Beta on a monthly basis for LYEL is -0.36, which has changed by -0.684492 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, LYEL has reached a high of $3.26, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -19.30%, while the 200-Day Moving Average is calculated to be -59.97%.
Shares Statistics:
According to the various share statistics, LYEL traded on average about 1.21M shares per day over the past 3-months and 735780 shares per day over the past 10 days. A total of 256.56M shares are outstanding, with a floating share count of 150.81M. Insiders hold about 48.38% of the company’s shares, while institutions hold 21.58% stake in the company. Shares short for LYEL as of 1736899200 were 12397650 with a Short Ratio of 10.29, compared to 1734048000 on 10985361. Therefore, it implies a Short% of Shares Outstanding of 12397650 and a Short% of Float of 5.7299999999999995.